HUD Releases Hurricane Sandy Rebuilding Strategy

Shaun Donovan, Secretary – US Dept. of Housing & Urban Development (HUD) and Chair of President Obama’s Hurricane Sandy Rebuilding Task Force, came to New Jersey on August 20 and released a comprehensive Rebuilding Report outlining nearly 70 policy recommendations. The Report will serve as a guide in distribution of federal disaster aid in storm-ravaged communities, and calls for a joint approach to recovery that includes creating a forum for coordinating large-scale infrastructure projects and developing guidelines to ensure those projects are built to withstand severe weather. The report also urges Shore and coastal communities must prepare for the impact of rising sea levels that will increase the risk of more severe flooding during storms. Click here to view the full, 200-page Rebuilding Strategy report. Of special interest to NJAA members is discussion of Sandy and the National Flood Insurance Program (NFIP). See pages 28-30 in the Executive Summary for data on insurance claims; pages 114-124 in the chapter entitled “Addressing Insurance Challenges, Understanding, and Affordability” for six policy recommendations relating to NFIP policies and procedures; and, pages 186-191 in the “Addressing Future Risks” chapter for discussion of sea level rise and affects upon flood risk mitigation strategies. Click here for a copy of HUD’s Fact Sheet: Progress To Date.  The NJAA will continue to track state and Federal efforts regarding Sandy rebuilding strategies, and will keep members updated as new reports and programs come on-line.